Hug Sleep

wearable blanket

Hug SleepDealHome & LifestyleWebsiteby Angie Kupper, Matt MundtS12E3

Pitch Details

Season / Episode

S12E3

Oct 30, 2020

Ask

$150,000

for 10%

Ask Valuation

$1.5M

Deal

$300,000

for 20%

Watch the Pitch

Deal Terms

Amount$300,000
Equity20%
Valuation$1.5M

What Happened Next

Thriving

$8M

estimated

  • Deal closed: $300,000 for 20% equity with Lori Greiner and Mark Cuban
  • $4 million in sales after the Shark Tank episode aired
  • Lifetime revenue reached $15 million as of October 2022
  • Featured in follow-up update segment in episode 1216 about managing the post-show order surge

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